🚨 BlackRock Increases Stake in MicroStrategy by $535.6 Million 📈
BlackRock has significantly boosted its exposure to Bitcoin indirectly through MicroStrategy (MSTR).
Latest Update:
• New Purchase: 3.14 million shares worth approximately $535.6 million
• Total Holdings: Now 17.75 million shares, valued at around $3.02 billion
• This represents a 21.5% increase in BlackRock’s MSTR position
MicroStrategy remains one of the largest corporate Bitcoin holders, making this move another strong vote of confidence in BTC from traditional finance giants.
Context: BlackRock’s increased stake highlights growing institutional interest in companies with large Bitcoin treasuries as a proxy play for Bitcoin exposure.
BlackRock stacking more MSTR — bullish for Bitcoin long-term? Drop your thoughts 👇
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